Energy-efficient Air Purifiers Propelling Growth Opportunities in the Residential Air Purifiers Market in the US: Technavio Report

Renewable energy

 

  • The key vendors in the Residential Air Purifiers Market in the US 2014-2018 are Austin Air, Blueair AB, Honeywell International Inc., IQAir and Sharp Corp.

London, 28 October 2014: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Residential Air Purifiers Market in the US 2014-2018.   The shift toward vertical integration is one of the emerging trends in the market. Vendors, which have adopted the vertical integration strategy, have obtained a good control over their value chain. This strategy has helped companies to reduce expenditure to a considerable extent. Companies are able to eliminate intermediaries and the hike in prices. The Residential Air Purifiers market in the US is expected to grow at a CAGR of 3.06 percent during the forecast period of 2013-2018.

“As a result of globalization, there is an increase in competition among air purifier manufacturing companies worldwide to manufacture best-in-class products with high energy efficiency,” says Faisal Ghaus, Vice President of TechNavio Research.

“Several vendors are increasingly developing energy-efficient air purifiers that consume less power than conventional air purifiers.”          

To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. 

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